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Property profile & analytics
OFF-MARKET
Estimated value
$11,100,000
Showrooms
37 Birch St, Milford, MA 01757-5501
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1246536
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2000
Construction
STEEL FRAME
Total area
46,464 SF
Lot
1.86 ac (81,000 SF)
Zoning code
IB
APN
MILF M:46 B:000 L:8
UPID
US38-1246536
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
David M. Wolf DDS, PC Dental Office
-
Pharma Compliance Group, LLC Corporate Office
-
LGC Clinical Diagnostics Laboratory
-
Visiting Nurse Association Charitable Organization Social Service Agency
-
SALMON Private Care Options Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.10M
Owner & transaction history
Rand Road Holdings LLC · 5 yrs held
Rand Road Holdings LLC
since 2020
Last sale
$14.3M
7 recorded transactions
Zoning & alternative use
IB · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.8M
+54.5%
Retail stores
$7.3M
+28.5%
Auto repair, garage
$7.1M
+25.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$12,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,760,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$7,290,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,130,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$11.10M
Range $9.99M – $12.21M · ±10% · vs last sale $14.30M (Jul 30 2020)
Last sale anchor
$14.30M
Jul 30 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$239 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$144,270
Tax year 2024
Assessed value
$5,988,800
Assessed 2024
Previous assessed
$5,988,800
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$364,500
Assessed improvement
$5,624,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
8
Bathrooms
5
Total area
46,464 SF
Lot
1.86 ac (81,000 SF)
Zoning code
IB
APN
MILF M:46 B:000 L:8
UPID
US38-1246536
Jurisdiction
MILFORD
Zoning & alternative use
IB · Milford, MA
Zoning IB · permitted uses
IB · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.8M
RETAIL STORES
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$7.1M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
8
Bathrooms
5
Lot
1.86 ac
Current owner
From public records · entity-resolved
Rand Road Holdings LLC
Entity
Mailing address
1 MAIN ST, CONCORD, MA 01742-2514
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2020
$14,300,000
Rand Road Holdings LLC
Birchwood Fortune Spvef
Quit Claim Arm's Length For Ne States
$6,150,000 · Unibank For Savings
Jul 28, 2004
—
Lrc Co LLC
—
Deed Of Trust
related
$80,000 · Worth Funding INC
Jul 28, 2004
$1
Lrc Co LLC
Catherine Dypry T
Grant Deed
related
—
Jun 28, 2004
—
Birchwood Off Park LLC
—
Deed Of Trust
related
$15,700,000 · Citizens Bank Of Ri
Oct 16, 2003
$227,500
Lrc Co LLC
Ferguson John W Est
Grant Deed
$543,000 · Hingham Institute For Savings
Jun 22, 1998
$6,600,000
Birchwood Office Pk Lc
Noetech Dev Co LLC
Grant Deed
$5,341,000 · Fleet National Bank
Jan 7, 1998
$185,500
Neotech Dev Co LLC
Birch Street RT
Grant Deed
—
Aug 13, 1993
—
Street R T Birch
—
Deed Of Trust
related
$60,000 · Middlesex Savings Bank
Aug 31, 1992
$37,805
Birch Street RT
Catherine Dypry Tr
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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